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Pictet Perspectives — From the last 10 years to the coming one

The end of 2019 marks an opportunity to review not only a year, but a decade in the economy and markets. Central banks certainly dominated the last decade, but corporations also delivered – driving earnings growth that propelled both stock price returns and dividends. 2019 was an exceptional year in markets but earnings growth was flat. We go into 2020 with some reason for continued caution but also grounds for optimism, given several patches of green shoots that are visible.

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“Since 1805 Pictet has remained single-minded in its mission to advise private clients, families and institutions in the art of managing their wealth.” More than 200 years after it was founded, Pictet ranks as one of Switzerland’s leading private banks and is among the most respected asset management specialists in Continental Europe. Even though we now have a worldwide presence and a global perspective, we retain the characteristics that have helped our clients to prosper over two centuries. Do not hesitate to contact Pictet for an investment proposal. Please contact Zurich Office, the Geneva Office or one of 26 other offices world-wide.
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